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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Miami at 6303 SW 116th Pl APT H, Miami, FL, 33173 earns from $3,126/mo rent with a $1,835/mo payment. Total monthly income totals $3,126/mo. ROI tracks 19.13% on current figures, and rental yield reads 10% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 101.78% and total cumulative return in cash sums $126,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,126/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$600 monthly HOA
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Listed for sale | $375,000 |
| 2015-10-27 | Listing removed | $1,800 |
| 2015-10-24 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $4757.15 | 13.45% | $229,380 | 10.00% |
| 2022-12-25 | $4192.99 | 9.27% | $208,528 | 10.00% |
| 2021-12-25 | $3837.22 | 8.80% | $189,571 | 10.00% |
Listed by: Alvaro Bustos • Bustos Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11709223
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
